Post
Topic
Board Trading Discussion
Re: Where to invest bitcoins
by
clairdelune
on 21/09/2018, 00:28:25 UTC
First you have to know the following before you invest in the BITCOIN.
- What is BITCOIN?
- How BITCOIN works?
- Why do I want to invest in BITCOIN
after you have study the following then that is the time you should know where to invest BITCOIN.

What is BITCOIN?
- Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government-issued currencies.

How BITCOIN works?
- Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin. These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. One bitcoin is divisible to eight decimal places (100 millionth of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places.

Why do I want to invest in BITCOIN?
- Think of the reason why do you want to invest in the BITCOIN. There are many people saying that they want to invest in bitcoin because they can earn big from investing on it. Some say that BITCOIN can change your life and helps you with your financial problems. But for me the reason why I want to invest in the BITCOIN is to help my family with my financial problem, I do BITCOIN not only for myself but also for my family. I do not do it just because its uptrend right now and not for my own self but also for my family.

Where to invest in BITCOIN
- It is best you invest BITCOIN in an ICO because if you invested in the ICO there is a big chance for you to earn a big profit when the vale of the coin once come out the there will be a chance for you to get the first highest value of it.